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An inquiry by the New South Wales (NSW) Independent Gaming and Liquor Authority has heard that billionaire casino owner James Packer overruled objections to a sale that now ties Crown to a Chinese company that has been cited in other gaming regulators’ reports as having links to organised crime.

Michael Johnston, a director of two of Packer’s companies, Crown Resorts and Consolidated Press Holdings (CPH), told the inquiry that the $1.7 billion sale of a 19.9 percent stake in Crown to Lawrence Ho’s Melco Resorts was not well-considered and Packer overrode any objections.

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“With the benefit of hindsight, I think that perhaps we should have looked more deeply,” Johnston, a key negotiator of the sale, admitted.

Johnston said that Packer didn’t listen to his concerns but instead wrote in a text message: “Mike, it’s my life and I am going to overrule you.”

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The inquiry is investigating whether Crown breached its license given that Melco Resorts has a parent company owned by Stanley Ho—a Chinese gambling billionaire who was involved in organised crimes before his death in May.

Australian casino and gaming authorities have banned companies owned or part-owned by Stanely Ho from purchasing stakes in casinos in an attempt to halt the spread of organised criminal activities.

It is alleged that CPH did not inform the NSW gaming regulator of the sale until Packer had already completed the deal because the company was aware that Stanley Ho’s companies were barred from owning shares in Crown’s casinos under their gaming license.

Melco Resorts is owned by Stanley Ho’s son, Lawrence Ho, a Hong Kong–Canadian entrepreneur.

While there have never been allegations of criminal activities surrounding Lawrence Ho, Great Respect—the parent company owned by Stanley Ho—maintains a substantial stake in Melco Resorts and is on NSW’s blacklist.

According to Forbes, Ho and Packer were long term partners from 2004-2017 after they established Melco Crown resorts in Macao. Their partnership was dissolved in 2017, after the creation of four casinos in Macao, so that Packer could concentrate on his Australian interests.

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The inquiry, led by former supreme court judge Patricia Bergin, is reportedly also investigating allegations by the Nine Network that Crown Casinos ignored money laundering activities in its Melbourne and Perth casinos.

James Packer is due to front the inquiry on Oct. 6.

About Us

Lotus Dining was created in 2012 by innovator Michael Jiang. Michael dreamed of owning a restaurant that conjured the food memories so close to his childhood heart. Fuelled by passion and dedication he purchased a restaurant space on Hickson Road Walsh Bay. He toiled over the design, building a dream and a memory.

When the task was complete he stepped back to take it all in, scanning the beautiful room. It was another step back that Michael realised that there was something missing, something crucial. He didn’t have a chef. Serendipitously the first chef to walk into the room was Lucy, our then and still dumpling master. The marriage of cooking excellence and creativity was the gold dust required to make Lotus Dumpling Bar one of the best Chinese restaurants in Sydney.

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A Darlinghurst restaurant & bar serving contemporary Chinese and offers the ability to host exclusive events.

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The venue is sophisticated yet comfortable, with notes of colonial and Chinoiserie decor.

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Lotus Galeries boasts 260 seats, 5 private dining rooms and generous A la carte and banquet style menus.

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The Lotus Dumpling Bar began life as a warehouse built in the early 1900s, and is home to our original dumpling master.

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Located inside the famous Chinese Gardens of Sydney, offering casual dining as well as private dining and events spaces.

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Barangaroo’s new Chinese eatery and bar serving Shanghai inspired street food with an eclectic drinks menu.

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Lotus Barangaroo offers casual fine dining on Wulugul Walk, the perfect location for weekend drinks.

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